The city's Department of Home Affairs announced the forecast at a press briefing on November 12, citing demand from manufacturing, retail, construction and logistics businesses.
The recruitment drive is expected to help businesses complete export orders and meet rising domestic consumer demand ahead of the Lunar New Year in 2027, although hiring will depend on orders and international market conditions.
Sectors with strong demand include sales, e-commerce, manufacturing, food processing, machine operation, skilled trades, construction, logistics, warehousing and import-export services.
Businesses are offering monthly salaries of VND 8-10 million (USD 306-383) for unskilled workers and VND 10-15 million (USD 383-575) for skilled workers.
Positions requiring specialist expertise and experience in logistics, sales and construction offer VND 12-20 million (USD 460-766) a month.
The construction sector is facing labour shortages as HCM City accelerates transport infrastructure, residential construction and urban redevelopment projects.
Despite monthly pay of VND 8-10 million for general labourers and VND 12-20 million for skilled workers, recruitment remains difficult because of physically demanding outdoor work and competition from industrial parks and service businesses.
Some workers also prefer temporary jobs with short-term, task-based payments.
To address the shortages, the city is developing social housing and worker accommodation, improving welfare and strengthening recruitment services.
The HCM City Employment Service Centre has signed cooperation agreements with employment centres in 11 neighbouring provinces and cities to share recruitment and unemployment insurance data and facilitate labour mobility.
The Department of Home Affairs has also urged contractors and businesses to publish vacancies, recruitment numbers and salaries on the city's employment exchange, making job opportunities more accessible to workers.